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Technology Stocks : Bookham Technology -- Ignore unavailable to you. Want to Upgrade?


To: Kayaker who wrote (111)7/22/2000 4:48:19 PM
From: puborectalis  Read Replies (3) | Respond to of 376
 
from yahoo thread......."Friday action
by: stk_ept
7/22/00 4:37 pm
Msg: 29373 of 29373
I repect all people on this message board, which I regarded it as the best one in Yahoo.

I didnt short this stock even I was quite sure that it would drop at 138 when I mention it was dangerous cree.

I just want to tell that the price action is purly manipulated by market maker when the volumn dry up. The Firday action is
useless. Being a very skillful investor, I dont like that MM has such a clear and strong power on cetain stock. That is what I
mean "on dangerous Cree". It doesnt mean you have to short Cree.

I bought CREE last year and it is one of most profitable stocks I have with other ones like SDL and JDSU. I am looking for
next SDL or Cree. Start to set up position at BKHM.

I exited Cree position thursday and is waiting for mondy's action. It will be bullish sign to close above 140.



To: Kayaker who wrote (111)8/9/2000 11:05:55 AM
From: Kayaker  Read Replies (1) | Respond to of 376
 
Bookham Technology plc Interim Results for Second Quarter and Six Months Ended July 2, 2000 -- Revenues Up 84% in Second Quarter

OXFORDSHIRE, England, Aug. 9 /PRNewswire/ -- Bookham Technology plc (Nasdaq: BKHM - news; LSE: BHM) today announced results for the second quarter and the six months ended July 2, 2000.

HIGHLIGHTS

Second quarter ended July 2, 2000

-- Revenues increased by 84% from the previous quarter from
2.5 million pounds sterling (pounds) ($3.8 million) to
4.6 million pounds ($7.0 million), up 1018% compared to same quarter
last year.

-- Net loss of 4.6 million pounds ($6.9 million) before UK National
Insurance provisions, down from 5.6 million pounds ($8.5 million) in
the previous quarter.

-- Continuing expansion in manufacturing capacity through the opening of
a new manufacturing facility in Swindon, UK.

-- Recruitment proceeding aggressively with head count up from
393 employees at the end of the previous quarter to 593 on July 2, 2000
(up 51%).

-- DWDM supply contract secured with Marconi Communications.

Commenting on the results, Andrew Rickman, Chief Executive Officer, said:

"We are delighted with our progress in the first half of the year. This strong set of results is a reflection of the increasing acceptance of our technology and products within the optical networking market place.

Our extensive recruitment programme is progressing on target. The quality of people we have been able to attract has been outstanding. This, and the success we have had in continuing to expand our facilities on schedule, will enable the company to position itself to capture opportunities resulting from the major growth predicted for our industry."....

biz.yahoo.com